Wall Street

Only about a quarter of public companies continue to include earnings predictions in their quarterly reports. Guidance is not required by law, and experts say it has become the tail that wags the dog. Once companies forecast earnings for the coming quarter, they manage their businesses to meet — or beat — those forecasts, which […]

The Conference Board’s Leading Economic Index, which was up 0.3 percent in March, indicates the economy looks pretty good heading into summer and fall. The index crunches forward-looking measures like building permits, factory orders and unemployment claims to predict where the economy will be six months from now. And it looks as if the economy […]

Spotify has helped revive the struggling music business. Now can the streamer show a changed industry how to make a profit in a digital world? Click the audio player above to hear the full story. 

While the markets closed today with a slight loss, they opened at a high point. This morning, the Dow broke 26,000 points for the first time in its 120 year history — and that’s after a year with practically no dips to speak of. But that lack of volatility has some market watchers a little […]

Two of the country’s largest institutional landlords are joining forces. Starwood Waypoint Homes and Blackstone’s Invitation Homes are merging, becoming a mega landlord with 82,000 homes in metropolitan areas across the country. The merger tells us a lot about the housing and single-family home rental markets. Click the audio player above to hear the full […]